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It's a common
myth that your personal watercraft is adequately covered under your
homeowner's or renter's policy. In most cases, you need additional
coverage. For real peace of mind as you ride the waves, you need
a policy that offers a wide range of coverages. These should include:
- Physical Damage Coverage
- Uninsured Watercraft
- Liability Coverage
- Medical Payments Coverage
- Trailer Coverage
For extra protection, and because not everyone's
needs are the same, a policy should also offer a variety of coverage
options, such as:
- Increased limits on Liability
- Increased limits on Uninsured Watercraft
- Towing Assistance
Discounts can save you money on your premium. It can definitely pay
to shop around, because what might seem at first glance to be the
lowest cost policy, may not be once all the discounts you qualify
for are figured into the bottom line.
Popular types of discounts may include:
- Multi-Unit
- Renewal
- Prior Insurance
- Affinity Group
Some other things to look for include
annual policies, flexible payment plans and deductible choices.
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